Laval économique — Tech shift – Manufacturing
Laval, QC, Canada
Digital transformation grants for Laval manufacturers
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grant_single|eligibleFinancing
- grant_single|maxCount
- grant_single|projectCostPercent
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- grant_single|timelineUnspecified
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- Manufacturing
grant_single|grantors
- Laval Economique
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grant_card_status|open
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The grant from the Virage techno-manufacturier program provides funding of up to 25% of project costs, with a maximum of $75,000 for equipment acquisition or $25,000 for developing AI solutions, to help Laval-based businesses enhance their digital transformation and automation. Eligible activities include purchasing equipment, developing innovative AI solutions, and initial use of existing AI solutions, aimed at increasing competitiveness and ensuring business sustainability.
grant_single_labels|projects
grant_single|admissibleProjectsExample
$ 8,750
Implementation of an AI-powered inventory management system
$ 75,000
Acquisition of robotic arms for production line automation
$ 12,500
Developing AI analytics for manufacturing process optimization
grant_single_labels|admissibility
Eligibility for this grant is determined by specific criteria related to the company's legal status, location, sector, operational history, financial capacity, and project implementation.
- The applicant must be a for-profit company legally incorporated in Quebec or Canada.
- The company must be established in the territory of Laval.
- The company should be in the manufacturing sector or have production activities.
- The business must have been in operation for at least 2 years.
- The company must demonstrate financial capability to ensure the continuity of its operations.
- The investment project must be executed in a facility located in Laval.
- Expenditures and contractual commitments must not be confirmed before the grant application is submitted and a receipt of acknowledgment is received from the program coordinator.
grant_eligibility_criteria|who_can_apply
To be eligible for this grant, applicants must be for-profit businesses legally constituted in Quebec or Canada, established in Laval, and operating in the manufacturing sector or with production activities. The business must have been operational for at least 2 years, demonstrate financial capacity to maintain operations, and execute the investment project within a Laval facility. Additionally, project-related expenses and contractual commitments must not be finalized before submitting the grant application and receiving acknowledgment from the program administrator.
grant_eligibility_criteria|who_cannot_apply
This grant excludes certain companies or industries that do not align with its specific aims. Restrictions are in place to target strategic goals and sectors for economic transformation.
- Companies not established in Laval.
- Non-profit organizations, cooperatives, or social enterprises.
- Businesses without manufacturing or production activities.
- Start-ups operating for less than two years.
- Companies unable to demonstrate financial capability to sustain operations.
- Projects with expenses or commitments confirmed prior to grant application acknowledgment.
grant_eligibility_criteria|eligible_expenses
Yes, there are eligible expenses for this grant. Below is a list of eligible expenses:
- Costs for acquiring equipment and related components (excluding materials, inventories, and other supplies).
- Direct costs related to equipment installation: transportation and leasehold improvements.
- Software acquisition and installation costs.
- Professional fees related to the project.
- Direct labor costs involved in the project, limited to the hourly rate.
grant_eligibility_criteria|zone
This grant is available to companies located in specific geographical areas within Laval. The eligible locations are designated to support local economic growth through digital transformation and automation.
- Companies established on the territory of Laval.
grant_single_labels|criteria
Yes, there are evaluation and selection criteria for the Tech Transition – Manufacturing grant. The selection is based on the program’s terms and conditions after the committee validates the information received in the complete application.
- The company must be legally incorporated in Quebec or Canada.
- The company must be established in Laval.
- The company must be a manufacturing entity or have production activities.
- The company must have been operating for at least two years.
- The company must demonstrate financial capacity to sustain operations.
- The investment project must be carried out at a Laval facility.
- Expenses and contractual commitments must not be confirmed before submitting the financial assistance application and receiving an acknowledgment of receipt from the program manager.
grant_single_labels|register
- Step 1: Diagnostic and Planning Phase
- Engage with Laval economic partners to perform a diagnostic of your operations.
- Work with experts to elaborate a detailed implementation plan for the digital or automation project.
- Step 2: Prepare Application Documents
- Complete the application form thoroughly.
- Gather the financial statements for the past two financial years.
- Prepare a detailed diagnostic report and the implementation plan if applying for the Equipment or IA Development Stream.
- Obtain service offers or proposals valid for at least 6 months specifically for the IA Solutions Stream tied to TerroX collaborations.
- Step 3: Application Submission
- Submit the completed application form along with all required documents to "Laval Économique."
- Ensure no contractual commitments or expenses have been made prior to receiving the acknowledgment of receipt from the program representative.
grant_single_labels|otherInfo
Here are additional relevant details for this grant:
- An enterprise can only apply for financial aid under one section per project, and no combination of sections is allowed.
- The program is structured in a personalized support journey alongside public and private partners within Laval's economic ecosystem.
- The support journey is divided into three phases: Diagnostic, Plan Development, and Project Implementation.
- For equipment and AI Development sections, submission of the diagnostic and implementation plan is required as part of the application process during Phase III.
grant_single_labels|contact
4388231468
Apply to this program
Boost Your Business with Laval's Tech Transformation Grant
This grant provides funding to Laval-based companies aiming to enhance their competitiveness through digital transformation and automation projects. It supports the acquisition of new equipment and the development of AI-driven solutions, helping businesses advance in Quebec and international markets.
Comprehensive Guide to the Tech Transformation Grant for Lavalloise Businesses
The Tech Transformation Grant is tailored to assist Laval-based businesses in embarking on digital journeys, fortifying their competitive edge both locally and globally. By emphasizing automation and digital transformation, this grant encourages companies to integrate advanced technology solutions into their operations, ensuring sustainability and growth in a rapidly evolving market landscape.
This comprehensive funding program features distinct components catering to specific needs within the technological transformation spectrum. The Equipment component offers financial support covering up to 25% of the costs for acquiring new technologies, targeting expenditures directly related to purchasing, setting up, and integrating equipment vital for modernization. This could include transport and set-up costs, up to a maximum benefit of $75,000 per company.
Moreover, the AI Development and AI Solutions components are pivotal for companies looking to weave artificial intelligence into their foundational structures. The AI Development aspect facilitates funding for innovative solutions employing AI technologies such as machine learning, natural language processing, and computer vision. Eligible projects can receive up to 25% of the integrative and development costs, capped at $25,000 per participant. Meanwhile, the AI Solutions aspect caters specifically to those engaged in ongoing digital initiatives with Terrox, covering initial and first-year expenses for utilizing established AI solutions, with funding up to $5,000.
This grant is structured around a three-phase implementation support system in collaboration with public and private partners across Laval's economic ecosystem. Phase I involves a meticulous assessment of the company's current digital infrastructure. This diagnostic stage is crucial for identifying strengths, weaknesses, and opportunities for technological enhancement. Phase II is dedicated to crafting a precise implementation strategy tailored to address the specific needs and potential identified in the initial phase. Finally, Phase III is the execution phase where actual technological integration takes place, backed by the financial resources availed through the grant application process.
To qualify for this support, businesses must adhere to specific criteria, such as being legally registered and operating within Laval, demonstrating financial stability, and having been active for a minimum of two years. Importantly, businesses must ensure that project commitments are not solidified prior to grant approval to maintain eligibility.
Ultimately, this grant not only provides essential financial assistance but also serves as a catalyst for innovation and operational excellence. By adopting cutting-edge digital solutions, Lavalloise companies are poised to transform their operations, reduce downtime, and enhance productivity, thereby securing their positions in competitive markets. This initiative aligns with broader economic goals of fostering a robust, technologically resilient local economy, paving the way for sustainable development and prosperity.